Natural Gas Liquids: Not Paying Off Like Expected…
This according to Bloomberg: “U.S. energy producers had counted on more lucrative oil and gas liquids to lift profits as the price of gas in New York tumbled earlier this year to an intraday low of $1.902 in April. As companies drilled for more liquids, the same oversupplies that gutted gas prices began to deflate NGLs.”
Natural Gas Liquids: Not Paying Off Like Expected… was originally featured in The Daily Resource Hunter. Check out the newest Daily Resource Hunter research video “The Price of Gas Explained”.
Article Title originally appeared in the Daily Resource Hunter (www.dailyresourcehunter.com) At the Daily Resource Hunter our approach to research is different. With our boots on the ground, we travel the world looking for the most lucrative resource opportunities and deliver them to you in a daily email newsletter. For more information visit us at www.dailyresourcehunter.com)
2012-08-06 11:55:49
Source: http://dailyresourcehunter.com/natural-gas-liquids-not-paying-off-like-expected/
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